EURCAD +3% Trade Recap 10.10.25 In this recap I break down my EURCAD short position I took yesterday morning. I fully forecast this setup in the morning as per my forecast video, and then executed later that day. Manually closing for just under 3% profit at the intended target.
Full explanation as to why I executed on this posit
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EURCAD Wedge Break Suggests Correction AheadPrice has been climbing within a rising wedge, a pattern often showing buyer exhaustion as momentum weakens near the top.
The recent break below the lower trendline suggests that sellers are starting to step in, shifting momentum in their favor.
If price holds below this broken structure, we could
EUR/CAD Hits 16-Year HighEUR/CAD Hits 16-Year High
Charts show that the euro strengthened against the Canadian dollar on Thursday, with the pair climbing above 1.6460 for the first time since spring 2009, when the world was still reeling from the global financial crisis.
The current weakness of the Canadian dollar is bei
Swing Continuation Play Long On EURCADthis is a purely technical trade, don't know (or care) about the fundamentals, EURCAD has been bullish on the 4HR and Daily chart for a long time now, and no reason to assume it's over, also even if it was over, I believe there is a high chance we retest previous highs in either case.
4 scenarios m
EUR/CAD: Testing Support with Potential for Bullish CorrectionEUR/CAD is currently testing the 1.6210 support zone following a sharp rejection from the 1.6400 resistance ceiling. Price action is completing an A-B-C corrective structure near the upward support line, suggesting a possible rebound.
As long as 1.6200 holds, a short-term recovery toward the 1.6280
EURCAD BULLISH BREAKOUT|LONG|
✅EURCAD shows a clean breakout above the key level, confirming a bullish shift in market structure. ICT concepts suggest a potential retest before continuation toward 1.63000 where buy-side liquidity rests. Time Frame 3H.
LONG🚀
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Trade Setup (BUY Position)I’m entering a buy position from a key demand zone, where price previously showed strong rejection and formed a potential double-bottom structure. The recent bullish reaction from this support area indicates renewed buying pressure. My stop loss is placed just below the structural low to protect aga
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of EUXCAD is 1.6393 CAD — it has increased by 0.29% in the past 24 hours. See more of EUXCAD rate dynamics on the detailed chart.
The value of the EUXCAD pair is quoted as 1 EUR per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EUXCAD has the volatility rating of 0.14%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EUXCAD showed a 0.94% rise over the past week, the month change is a 0.55% rise, and over the last year it has increased by 9.47%. Track live rate changes on the EUXCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EUXCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EUXCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EUXCAD technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EUXCAD shows the buy signal, and 1 month rating is buy. See more of EUXCAD technicals for a more comprehensive analysis.